Against the current: Markets are down, yet New Oriental Education & Technology Group Inc., TAL Education Group, Altria Group go up and make this list of top gainers.
The leading indices are currently lower — Dow Jones drawing back 0.43% to 33,938. S&P 500 drawing back 0.23% to 4,067.18.
Amid the market gloom, United States ADP Nonfarm Employment Change (Jan) released today at 13:15 UTC with a figure of 106,000, while the previous figure was 253,000.
Though markets had an unsatisfactory day yesterday, some consumer staples stocks manage to recover as Top Gainers. Take a look:
Altria | +3.62% to start today's session
After closing the previous trading day at $45.04, Altria is up to $46.67, which makes for a move of 3.62%/$1.63 today.
Altria is scheduled to announce earnings results today. The consensus EPS estimate is 1.18 and the consensus revenue estimate is $5.15 billion.
Mondelez | +1.96% to start today's session
The Oreo and Toblerone snack food company is up 19.35% from the significant low of $54.83 it hit 4 months ago. So far this year, it has been doing worse than the Nasdaq by 11.56%. The company's market cap currently stands at $91.11 billion with an average daily volume of 5.59 million shares.
Mondelez released its quarterly earnings report yesterday, beating analysts estimates. The company reported earnings of 0.73 per share on revenue of $8.70 billion, topping estimates of 0.71 per share on revenue of $8.31 billion. Since the release of its earnings report, Mondelez gained 2.9%.
+4.24%: strong start to the session sees TAL Education peaking at $7.8
After closing the previous trading day at $7.31, TAL Education is up to $7.62, which makes for a move of 4.24%/31.01 cents today. TAL Education's market cap is currently $4.94 billion with an average daily trading volume of 8.33 million shares. So far this year, it has been under-performing the Nasdaq by 13.65%.
+7.58%: strong start to the session sees New Oriental Education & Technology peaking at $45.94
After closing the previous trading day at $42.64, New Oriental Education & Technology is up to $45.87, which makes for a move of 7.58%/$3.23 today. Currently, the Chinese education business has a market capitalization of $8.44 billion with an average daily trading volume of 2.73 million shares. So far this year, it has performed better than the Nasdaq by 12.72%.